S&P Global Inc. $SPGI Shares Sold by Heartland Bank & Trust Co

Heartland Bank & Trust Co cut its holdings in S&P Global Inc. (NYSE:SPGI) by 70.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 754 shares of the business services provider’s stock after selling 1,769 shares during the period. Heartland Bank & Trust Co’s holdings in S&P Global were worth $394,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in SPGI. Jones Financial Companies Lllp increased its holdings in shares of S&P Global by 17.7% in the third quarter. Jones Financial Companies Lllp now owns 66,809 shares of the business services provider’s stock worth $32,541,000 after acquiring an additional 10,044 shares in the last quarter. Prime Capital Investment Advisors LLC boosted its position in shares of S&P Global by 324.8% during the third quarter. Prime Capital Investment Advisors LLC now owns 28,094 shares of the business services provider’s stock worth $13,673,000 after buying an additional 21,481 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of S&P Global by 3.3% during the third quarter. Envestnet Asset Management Inc. now owns 938,251 shares of the business services provider’s stock worth $456,656,000 after buying an additional 30,080 shares during the period. Collier Financial acquired a new position in shares of S&P Global during the third quarter worth about $2,865,000. Finally, Mawer Investment Management Ltd. boosted its position in shares of S&P Global by 27.3% during the third quarter. Mawer Investment Management Ltd. now owns 168,229 shares of the business services provider’s stock worth $81,879,000 after buying an additional 36,078 shares during the period. 87.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Royal Bank Of Canada reduced their price objective on S&P Global from $620.00 to $560.00 and set an “outperform” rating for the company in a research report on Wednesday, February 11th. Weiss Ratings cut S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, March 11th. Bank of America started coverage on S&P Global in a research report on Tuesday, February 17th. They issued a “buy” rating and a $575.00 price objective for the company. UBS Group cut their price objective on S&P Global from $620.00 to $550.00 and set a “buy” rating for the company in a research report on Tuesday, February 17th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of S&P Global in a research report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $550.44.

S&P Global Stock Performance

SPGI opened at $424.52 on Tuesday. S&P Global Inc. has a 12-month low of $381.61 and a 12-month high of $579.05. The stock has a market cap of $125.66 billion, a price-to-earnings ratio of 26.87, a PEG ratio of 1.82 and a beta of 1.11. The business has a 50 day moving average of $430.38 and a 200-day moving average of $473.23. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.34.

S&P Global (NYSE:SPGI) last released its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.82 by $0.15. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The company had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.08 billion. During the same period last year, the firm posted $4.37 earnings per share. The business’s revenue was up 10.4% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, equities research analysts expect that S&P Global Inc. will post 19.58 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Robert Edward Jr. Moritz purchased 1,152 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was acquired at an average cost of $434.03 per share, with a total value of $500,002.56. Following the acquisition, the director owned 1,152 shares in the company, valued at approximately $500,002.56. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Martina Cheung purchased 2,322 shares of the company’s stock in a transaction that occurred on Wednesday, April 29th. The shares were purchased at an average cost of $429.93 per share, with a total value of $998,297.46. Following the completion of the acquisition, the chief executive officer owned 27,518 shares in the company, valued at $11,830,813.74. The trade was a 9.22% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders bought 5,974 shares of company stock valued at $2,576,775. Insiders own 0.03% of the company’s stock.

S&P Global Profile

S&P Global is a leading provider of financial information, analytics and benchmark indices that serve investors, issuers, corporations and public institutions worldwide. The company operates through well-known businesses that include credit ratings, market intelligence and index licensing, as well as commodity and energy information services. Its products and services are used to assess creditworthiness, inform investment decisions, construct and track benchmark portfolios, and support risk and commodity market analysis.

S&P Global Ratings provides independent credit ratings, research and data used by fixed income investors and capital market participants to evaluate issuer and transaction risk.